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Chrysaor Awards Three-Year Contract for Central North Sea Assets to Sparrows Group

Source: www.gulfoilandgas.com 11/7/2017, Location: Europe

Chrysaor has awarded Sparrows Group a three-year crane management services contract for the three operating assets it will take ownership of from Shell in November. The operator will become the largest independent E&P company in the region following the US $3 billion deal with Shell earlier this year to acquire the platforms as part of a larger asset package.

The scope of work will see Sparrows operate and maintain seven cranes across the Armada, Everest and Lomond gas platforms located 233 to 250 km east of Aberdeen in the UK Continental Shelf (UKCS).

The campaign will be a continuation of the work Sparrows has carried out over the past decade for BG and subsequently Shell on the three installations. This includes the delivery of offshore crane operations and maintenance, including the supply of rigging lofts and inspection services, as well as overseeing the onshore management of all crane maintenance strategies and related engineering scopes.

Sparrows chief executive officer, Stewart Mitchell, commented: “We have a long and accomplished history working on these assets, having supported Shell and BG for a number of years. This award is testament to our team’s reputation for delivering results and our safe working practices.

“With our unrivalled knowledge of the existing platform cranes on the Armada, Everest and Lomond platforms, we look forward to supporting Chrysaor on these important Central North Sea developments and delivering all their crane maintenance requirements.”

Chrysaor currently has more than 400 staff working in the UKCS.

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Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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